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Solar Integrated Roofing (Solar Integrated Roofing) Gross Margin % : 24.79% (As of Sep. 2022)


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What is Solar Integrated Roofing Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Solar Integrated Roofing's Gross Profit for the three months ended in Sep. 2022 was $14.20 Mil. Solar Integrated Roofing's Revenue for the three months ended in Sep. 2022 was $57.27 Mil. Therefore, Solar Integrated Roofing's Gross Margin % for the quarter that ended in Sep. 2022 was 24.79%.


The historical rank and industry rank for Solar Integrated Roofing's Gross Margin % or its related term are showing as below:


SIRC's Gross Margin % is not ranked *
in the Semiconductors industry.
Industry Median: 28.54
* Ranked among companies with meaningful Gross Margin % only.

Solar Integrated Roofing had a gross margin of 24.79% for the quarter that ended in Sep. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Solar Integrated Roofing was 0.00% per year.


Solar Integrated Roofing Gross Margin % Historical Data

The historical data trend for Solar Integrated Roofing's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Solar Integrated Roofing Gross Margin % Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Gross Margin %
- -

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 36.34 24.79

Competitive Comparison of Solar Integrated Roofing's Gross Margin %

For the Solar subindustry, Solar Integrated Roofing's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Solar Integrated Roofing's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Integrated Roofing's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Solar Integrated Roofing's Gross Margin % falls into.



Solar Integrated Roofing Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Solar Integrated Roofing's Gross Margin for the fiscal year that ended in Feb. 2009 is calculated as

Gross Margin % (A: Feb. 2009 )=Gross Profit (A: Feb. 2009 ) / Revenue (A: Feb. 2009 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Solar Integrated Roofing's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=14.2 / 57.267
=(Revenue - Cost of Goods Sold) / Revenue
=(57.267 - 43.071) / 57.267
=24.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Solar Integrated Roofing  (OTCPK:SIRC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Solar Integrated Roofing had a gross margin of 24.79% for the quarter that ended in Sep. 2022 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Solar Integrated Roofing Gross Margin % Related Terms

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Solar Integrated Roofing (Solar Integrated Roofing) Business Description

Traded in Other Exchanges
N/A
Address
2831 St. Rose Pkwy, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.
Executives
Richard G Stifel officer: CFO/Secretary 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Timothy Barritt director, officer: CEO/President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Raymond Murphy director, officer: COO/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Richard Stockdale director, officer: Treasurer/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718